Due process followed in trial of Binance, says FG

top executives of Binance as part of a probe bordering on illegal operations in the country and foreign exchange rate manipulations.

“At all stages, due process has been followed, and prosecutors are confident of their case, based on the facts and evidence gathered,” the minister said. Idris said the defendant has received consular access and all due care, following normal diplomatic protocols and the rule of law.He said the judge in the case has sufficiently posited that Gambaryan was denied bail because of the flight risk, after his colleague fled the country.

He said the firm is neither registered in Nigeria nor has it ever paid taxes, having operated without oversight or any of the normal guard rails to flag criminal activity.

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